Zol Stock

Starting his career in real estate, Ronen Ganon has moved aggressively into the retail sector in recent years. As the owner of 50% of Zol Stock and founder of the Shai Market chain, Ganon has now signed a deal to acquire control of Multi Retail, marking a major expansion of his business empire.

Businessman Ronen Ganon is acquiring a 69.9% stake in Multi Retail for 166 million shekels. The deal values the company at 238 million shekels, representing a 60% premium over its Tel Aviv Stock Exchange valuation.

There are approximately 246 discount stores in Israel. A new report by POINTS reveals the competitive landscape, data on leading chains, and their deployment strategies based on population density.